Meesho has reduced the shares offered by existing investors to 105.5 million from 175.7 million. The IPO opens to anchor investors on December 2, with the public offer from December 3-5. The fresh issue is valued at ₹4,250 crore, targeting growth in AI and cloud infrastructure.
Meesho, the Bengaluru-based e-commerce platform, has revised its initial public offering (IPO) share sale by existing shareholders to 105.5 million shares, down from the earlier expected 175.7 million shares. The IPO is set to open for anchor investors to bid on December 2, with the public offer running from December 3 through December 5, 2025. This three-day window marks a significant opportunity for investors to participate in one of India’s high-profile tech offerings this year.
The company plans a fresh issue of equity shares worth ₹4,250 crore alongside the shares offered for sale by existing shareholders. Prominent investors participating in the offer-for-sale include Elevation Capital, Peak XV Partners, Golden Summit, Y Combinator, and the promoters themselves, ensuring a blend of fresh capital inflow and liquidity for existing investors.
This IPO aims to fuel Meesho’s growth strategy focused on expanding its AI-driven e-commerce capabilities and scaling its cloud infrastructure subsidiary. The offer’s pricing and lot size details are eagerly awaited by market participants, with listing scheduled on both NSE and BSE. Analysts anticipate strong subscription interest, driven by Meesho’s innovative business model and backing by marquee investors.
Important points:
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Existing shareholders now offering 105.5 million shares, down from 175.7 million earlier
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Fresh issue valued at ₹4,250 crore planned alongside offer-for-sale shares
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Anchor investors’ bidding open December 2; public IPO from December 3 to 5
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Meesho backed by prominent investors including Elevation Capital, SoftBank, and Y Combinator
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IPO proceeds aimed at strengthening AI, cloud infrastructure, and technology teams
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Listing to happen on NSE and BSE following subscription finalization
Source: Reuters, Times Now News, Exchange Corporate Announcement